British Chamber of Commerce launched in Zambia
This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government
British High Commissioner, James Thornton, will this Thursday launch a British Chamber of Commerce in Zambia. Mr Thornton said:
“I am delighted to be launching the British Chamber of Commerce this Thursday. The Chamber was established in recognition of the increasing number of companies in Zambia of British origin or doing business with Britain.
“I see the role of the Chamber as supporting members in building their business in Zambia and the region. It will also collaborate with other business groupings and foster strong ties with the British Chambers of Commerce, regional counterparts and with UK Trade & Investment.
“Membership is open to British, Zambian and international companies with a common interest in developing UK and Zambia business.
“The UK is committed to support Zambia’s economic growth. The Department for International Development has a suite of programmes aimed at doing just that. But the best motor of growth is a thriving private sector. I am sure that the Chamber will contribute to that. I look forward to trade between our two countries continuing to grow.”
The main objective of the Chamber is to promote trade and investment relations between Zambia and the United Kingdom. The Chamber will also be a voice of British business in Zambia.
The British Chamber of Commerce was incorporated in Zambia as a company limited by guarantee in August 2014. Membership is open to British, Zambian and international companies with a common interest in developing business in the UK and Zambia. It is an independent, not-for-profit organisation
The Chamber will collaborate with other business groupings and foster strong ties with the British Chambers of Commerce, regional counterparts and with UK Trade & Investment and benefit from political, policy and economic briefings from the British High Commission in Zambia.
The Chamber will provide timely and relevant information to members through various media, including its website (www.britishchamberzambia.org) to be launched later, and hold regular networking and other events.
Membership of the Chamber will be open to British companies and entrepreneurs operating in Zambia, other companies interested in or already doing business with and in the UK, business associations, banks and other organisations with UK links or interests.
The value of British Foreign Direct investment from the United Kingdom in Zambia in 2013 was $509.3 million (Source: Foreign Investment and Investor Perceptions Study 2014 by BOZ, CSO, ZDA and PSDP).
UK Trade & Investment (UKTI) is a UK Government department working with businesses based in the United Kingdom to ensure their success in international markets, and encourage the best overseas companies to look to the UK as their global partner of choice. UKTI helps British companies of all sizes to grow their business through international trade by offering expert advice and practical support through a range of programmes. It also connects businesses to the world’s top commercial opportunities. For further information please visit the UKTI website